Low-income Aussies to be hit hardest by inflation, and RBA says incomes won’t grow until late 2024
Low-income Australians can't do a thing about inflation, but they'll have to wear the cost of dealing with it.
Interest rates will keep rising because the Reserve Bank is scared it can’t contain inflation
Why did the Reserve Bank just hike its cash rate by an out-sized 0.50 percentage points for the third consecutive month, taking it to 1.85%? Partly because it knows what is to come.
“Clouded in uncertainty”: RBA lifts cash rate target to 1.85% as inflation surges
Higher interest payments are on the cards for small businesses and household borrowers after the Reserve Bank of Australia lifted its cash rate target by 0.5% to 1.85% on Tuesday.
Ahead of the RBA’s next cash rate decision today, economists predict further hikes — and no let-up until late 2023
The Reserve Bank of Australia is predicted to announce an interest rate rise of 0.25% to 0.5% today, which could take the cash rate to 1.85%.
Australian businesses now delaying invoice payments by a week longer than six months ago, report says
Recent findings suggest the average outstanding invoice is now repaid in 38 days, compared to 31 days in January.
What is the effect of rising mortgage payments in Australia, and which suburbs are hurting the most?
As long as the RBA continues to hike interest rates, mortgage payments will rise. We take a look at which areas of the country are most affected.
“Hard economic landing”: Builders urge RBA to take its time on another interest rate hike as construction faces the brink
The construction industry is weighing the need to combat inflation against the likelihood rising interest rates will deter new home buyers.
As interest rates rise, here are proactive steps your business can take to improve the situation
The action your business should take in response to increasing interest rates depends on whether you have cash or debt.
RBA hikes cash rate target 0.5% to 1.35%, matching market predictions as the central bank battles inflation
The Reserve Bank of Australia hiked the cash rate target 0.5% on Tuesday, matching market expectations as the central bank battles inflation.
Interest rate rises: What’s happening, and what could be next?
If you want to know what the Reserve Bank will be watching to work out how fast to slam on the economic brakes, here's a helpful guide.
Why the RBA won’t continue to raise rates at the level the market expects
The RBA, in a nod to homeowners concerned about continual rate hikes, said it expected inflation to climb just a bit more before declining back towards its target next year.
RBA hikes cash rate by 50 basis points, Chalmers flags “cost of living package” in October budget
The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.
